The factor that affecting profits to a business that have the most control is the expenses.
<h3>How expenses affect profit?</h3>
The expenses play the major role to affect the profit of business organizations, as it is clear that if the firm incurred more expenses in various things that are not related to the business, then ultimately the profit level decreases, and vice-versa.
Therefore, option A is correct.
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Answer:
$3540.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Ending inventory comprises of goods bought in May, September and November
cost of the ending inventory :
(4 x $130) + (12 x $135) + (10 x$140) = $3540
Answer:
Liquidity of an asset refers to how easily convertible the asset is to cash or so called liquid money.
Most Liquid - A $5 bill
This is already cash so it is the most liquid there is.
Second-Most Liquid - The funds in a money market account
Funds in a money market account are the second most liquid because most often they can simply be withdrawn from the fund. There might be limits on the number of withdrawals allowed though within a period.
Third-Most Liquid - A share in a publicly traded company
A share in a publicly trade company ranks here because to realize the cash, one would need to sell the share first.
Least Liquid - Your house
Your house will be the most difficult of these to liquidate as it will involve a much longer process to eventually get it sold and realize cash. The process will include but will not be limited to, advertising, hiring realtors, inspection etc.
The correct option is B. In this type of economy the government has total control over allocation of all resources. <span />
The employment of government spending as well as taxation to impact the economy was known as fiscal policy.
Fiscal policy is used by governments to achieve robust and sustained growth and then to decrease poverty.
Inflation, full employment, as well as economic growth even though determined by GDP are the three major aims of fiscal policy as well as indicators of a healthy economy.
Fiscal policy objectives include stimulating demand, increasing output, creating jobs, increasing GDP, avoiding recessions, controlling inflation, and stabilizing economic growth.
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